GREY:ALXDF - Post by User
Comment by
Poriemonon Feb 26, 2015 3:39pm
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Post# 23469309
RE:RE:RE:Alexandria vs Other Cdn Advanced Juniors
RE:RE:RE:Alexandria vs Other Cdn Advanced JuniorsTaylor says sell Alexandria Minerals 2015-02-24 21:15 ET -
In the News Jay Taylor, in the Feb. 13, 2015, edition of Gold, Energy & Tech Stocks, says sell Alexandria Minerals Corp., recently five cents. Mr. Taylor said buy on April 15, 2014, at seven cents and on Oct. 15, 2014, at 5.5 cents. Assuming a $1,000 investment for each of the two buys, selling the $2,000 position at five cents would yield a loss of $406. Mr. Taylor seems puzzled by Alexandria. Its projects are promising and it has a good relationship with Agnico Eagle, but despite all this and an improving gold market, he says the stock has not been able to get out of its own way. The newsletter writer has decided to sell Alexandria and put the money into a company with a multimillion-ounce open-pit gold prospect in Quebec. He plans to reveal that company to readers soon.
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Essentially he's tired of waiting because the share price isn't picking itself up. So he's decided to sell and go to a different "Quebec open pit gold-mine prospect" company (could easily be Integra he's talking about). In other words, sell low and buy high?
I am also unhappy with how the share price doesn't get any meaningful recognition and thus remains in the basement. But AZX really has no trouble obtaining funding and it still (as always) looks promising, so I have no intentions of selling.